1678 articles tagged with this keyword
News/Research/analysis
Despite the economic downturn, online retail spending by UK consumers rose 35% to £14.7 billion in 2007 and is growing at the fastest rate for six years, according to a report by retail analyst Verdict Research.
03 June 2008
New research shows that combined forecasts for users of contactless mobile payments, mobile banking and over the air (OTA) transactions will reach 884 million in 2012.
30 May 2008
US authorities have charged 38 members of an international criminal gang that allegedly used spam e-mails to steal bank account details and passwords from thousands of customers.
23 May 2008
Just one per cent of UK adults use their mobile phones to conduct banking, bill payments or shopping transactions, according to research commissioned by IT services firm Unisys which found that a hefty 80% are not even interested in using m-payments services.
21 May 2008
Around half of Brits are leaving themselves wide open to credit card and bank account fraud due to slack security practices, according to a survey conducted by UK consumer association Which? Money.
Bank-backed settlement body CLS has responded to a repeated call from the Bank for International Settlements for the industry to do more to crack down on FX settlement risk by outlining new measures and initiatives for eliminating exposures. These include investigating industry support for implementing multiple settlement sessions, which would include the settlement of same day trades.
15 May 2008
The UK's Payments Council has delivered its first national payments plan which includes proposals for the "managed decline" of paper-based cheques and the development of a collaborative "bank account to bank account mobile payment service".
14 May 2008
Spending on technology by Japan's banking sector approached US$14.7 billion in 2007 and will grow at a five-year compound annual growth rate (CAGR) of 4.2% to reach US$18.2 billion by early 2012, according to a study by Boston-based analyst Celent.
12 May 2008
New research from Celent predicts that adoption of mobile banking is set to increase rapidly in the major markets in Western Europe over the next two years as banks look to take advantage of improvements in technology to provide new services.
09 May 2008
The UK's Financial Services Authority (FSA) has warned that some insurance comparison Web sites could be misleading customers by failing to provide clear and accurate information.
08 May 2008
Over half of the UK's building societies are planning to introduce an online savings channel in the next year in a bid to attract and maintain customers during the current economic gloom.
Two major mobile banking programmes targeting unbanked customers are being launched in Africa and Latin America. News of the initiatives follows the release of a study predicting m-banking could play a major role in reaching people outside the regular financial system.
07 May 2008
Despite the fall out from the global credit crunch, risk professionals working in the capital markets industry saw their total compensation increase by an average of seven per cent in 2007, according to a global survey by recruitment outfit Risk Talent Associates (RTA).
01 May 2008
Retail banks on both sides of the Atlantic are increasingly turning to virtualisation technologies to centralise deployment and management of IT resources, cut costs and save energy, according to research commissioned by Microsoft.
29 April 2008
Credit and debit card fraud continues to undermine consumer confidence and threatens to hinder the development of a cross-border payments network in Europe, according to a European Commission (EC) report.
28 April 2008
Around a third of the UK's online population - 10.9 million people - accessed their bank account via the Internet in January, according to Web metrics firm comScore.
The latest dealing room survey from Kimsey Consulting forecasts that around 12,000 trading positions will be cut around the world by 2011, but expenditure on trading technology is set to rise globally by 4.3% over the same period.
Despite the impact of the global credit crunch, IT salaries in the investment banking sector are being kept afloat due to "aggressive moves" for staff by firms unaffected by the downturn.
25 April 2008
The number of people making payments using their mobile phones globally is set to soar from 32.9 million in 2008 to 103.9 million in 2011, according to analyst house Gartner.
24 April 2008
Financial analytics vendor FactSet Research Systems is to acquire a copy of the Thomson Fundamentals database from Thomson Reuters.
23 April 2008
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